Donald Trump, the President of the United States, is currently praising Bitcoin as a remarkable phenomenon and expressing ambitions to make the United States a global center for innovation in the field of cryptocurrency. After years of criticizing Bitcoin, he has now become an advocate for the digital asset economy, asserting that cryptocurrency has created many jobs and strengthened the country's financial system. His recent statements mark a significant turning point, affirming the United States' position in the global cryptocurrency competition.
Trump: A New Hero of Bitcoin
At a conference at the White House, Trump drew attention by praising Bitcoin and claiming that he played a role in its development: "I got involved in this field a few years ago, and now it is better than ever." He emphasized that Bitcoin not only creates jobs but is also becoming increasingly popular in everyday transactions.
Trump even claims to be the one who "built the cryptocurrency industry" and believes that the acceptance of cryptocurrency has helped reduce pressure on the USD.
From "Fraud" to "Savior": Trump's Shift on Cryptocurrency
Back in 2021, when El Salvador recognized Bitcoin as legal tender, Trump called it a "fraud" and criticized it as a threat to the USD. Now, moving into 2025, he has rolled out a set of regulations supporting cryptocurrency and launched a cryptocurrency project with his family.
This transformation comes as Trump plans to turn the United States into a cryptocurrency powerhouse with supportive policies for blockchain startups, ETF funds, and cryptocurrency payments.
The Cryptocurrency Race Between the United States and China
Not only stopping at praising Bitcoin, Trump also claims that cryptocurrency is a geopolitical tool. He stated that if the United States does not embrace this sector, "China will lead." According to him, the cryptocurrency industry belongs to the United States, and losing this position is unacceptable.
While Trump advocates for widespread acceptance of cryptocurrency, China has banned private ownership of cryptocurrency and is moving towards developing a central bank digital currency (CBDC). This difference highlights the geopolitical importance of leadership positions in the cryptocurrency sector.
Final Thoughts: Trump's Shift Towards Cryptocurrency Shapes the Future
The one who once called Bitcoin a "fraud" now claims to have laid the groundwork for its global development. With a clear regulatory framework, the United States is rapidly becoming the center of the digital asset world. Whether as a political reorientation strategy or visionary leadership, Trump's support for Bitcoin could become a turning point in making cryptocurrency a global mainstream trend.
Source: https://tintucbitcoin.com/trump-khang-dinh-xay-dung-tien-dien-tu/
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